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WAF · ASX

West African Resources Ltd (ASX:WAF)

AU$0.93

 -0.005 (-0.535%)
ASX:Live
01/12/2023 04:10:47 PM
Near Resistance (Realtime) Near Resistance Hammer Bullish HALO Value HALO Small +8
Consensus Score
/10
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WAF Overview

WAF Health Scores

Short Term

Mean Revision

Trend

Event

Halo Model

MQV

GARP

MQV Small

Valuation

Value

Consensus

Momentum

Price

Earnings

Growth

Earnings

Dividends

Quality

Capital Efficiency

Balance Sheet

About WAF

Website

West African Resources Ltd

Telephone

61.8.9481.7344

Address

Level 1 1 Alvan Street Subiaco, Western Australia (WA) 6008

Description

West African Resources Ltd. engages in the exploration and development of mineral properties. It operates through the Mining Operations, and Exploration and Evaluation segments. The Mining Operations segment is involved in the operations of Sanbrado gold project. The Exploration and Evaluation segment relates to the exploration and evaluation activities other than Sanbrado. The company was founded by Richard Hyde on September 1, 2006 and is headquartered in Subiaco, Australia.

WAF Price Chart

Key Stats

Market Cap

AU$938.89M

PE

6.70

EV/EBITDA

2.6

Dividends Overview

DIV Yield

.0%

Franking

N/A

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 0.66 - 1.33

Trade Value (12mth)

AU$694,112.00

1 week

14.02%

1 month

25.5%

YTD

-20.09%

1 year

-23.67%

All time high

1.465

Key Fundamentals

EPS 3 yr Growth

-3385.700%

EBITDA Margin

52.20%

Operating Cashflow

$183m

Free Cash Flow Return

29.40%

ROIC

26.40%

Interest Coverage

149.90

Quick Ratio

2.60

Other Data

Shares on Issue (Fully Dilluted)

1035m

HALO Sector

Mining

Next Company Report Date

28-Mar-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

1.64

WAF Announcements

Latest Announcements

Date Announcements

31 October 22

Notification of cessation of securities - WAF

×

Notification of cessation of securities - WAF

31 May 22

WAF hits 13m at 5.3 g/t gold in first pass drilling at MV3

×

WAF hits 13m at 5.3 g/t gold in first pass drilling at MV3

31 May 19

AGM Presentation

×

AGM Presentation

31 March 22

2021 Annual Report

×

2021 Annual Report

31 March 22

2021 Sustainability Report

×

2021 Sustainability Report

31 March 22

Appendix 4G & Corporate Governance Statement

×

Appendix 4G & Corporate Governance Statement

31 January 23

2023 Production Guidance

×

2023 Production Guidance

30 September 16

Annual Report to shareholders

×

Annual Report to shareholders

30 September 15

Annual Report to shareholders

×

Annual Report to shareholders

30 September 10

Annual Report to shareholders

×

Annual Report to shareholders

30 October 23

Increase to Gold Royalty Rates in Burkina Faso

×

Increase to Gold Royalty Rates in Burkina Faso

30 November 23

Becoming a substantial holder

×

Becoming a substantial holder

30 November 18

AGM Chairman's address and Presentation

×

AGM Chairman's address and Presentation

30 August 13

Africa Down Under 2013 Presentation

×

Africa Down Under 2013 Presentation

30 August 12

Presentation - Building Discoveries in Burkina Faso

×

Presentation - Building Discoveries in Burkina Faso

29 September 17

Annual Report to shareholders

×

Annual Report to shareholders

29 September 14

Annual Report to shareholders

×

Annual Report to shareholders

29 November 23

2023 Macquarie WA Forum Presentation

×

2023 Macquarie WA Forum Presentation

29 November 22

2022 Macquarie WA Forum Presentation

×

2022 Macquarie WA Forum Presentation

29 November 11

AGM Presentation

×

AGM Presentation

29 November 10

AGM Presentation

×

AGM Presentation

29 May 20

AGM Presentation

×

AGM Presentation

29 June 23

Kiaka Development Fully Funded via US$265m Loan Facility

×

Kiaka Development Fully Funded via US$265m Loan Facility

29 December 21

Notice of EGM & Explanatory Memorandum

×

Notice of EGM & Explanatory Memorandum

29 December 21

Letter to Shareholders & Proxy Form for EGM

×

Letter to Shareholders & Proxy Form for EGM

29 August 23

Half Year Financial Report

×

Half Year Financial Report

29 August 23

WAF Delivers $82.4 Million NPAT for H1 2023

×

WAF Delivers $82.4 Million NPAT for H1 2023

28 September 23

Becoming a substantial holder

×

Becoming a substantial holder

WAF Fundamentals

Per Share Records

Historical data

Forecasted data

AUD 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.10 0.21 0.16 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.10 0.21 0.16 Lock Lock Lock
     Growth % Lock Lock Lock Lock 2,187.8 104.8 -23.2 Lock Lock Lock
     PE X Lock Lock Lock Lock 7.9 5.4 6.7 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 5.9 2.6 2.6 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.15 0.28 0.23 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.03 0.28 0.08 Lock Lock Lock
     Growth % Lock Lock Lock Lock 2,409.3 93.9 -18.7 Lock Lock Lock
     Yield % Lock Lock Lock Lock 2.7 21.3 6.7 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.19 0.51 0.68 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.19 0.51 0.68 Lock Lock Lock
     Growth % Lock Lock Lock Lock 114.4 173.5 33.1 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 880 912 1,031 Lock Lock Lock
Basic m Lock Lock Lock Lock 874 902 1,021 Lock Lock Lock

Financial Records

Historical data

Forecasted data

AUD 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Income Statement
Sales $m Lock Lock Lock Lock 310 712 606 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A 129.3 -14.8 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 7 9 10 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 162 402 276 Lock Lock Lock
     Growth % Lock Lock Lock Lock 88,387.5 147.5 -31.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock 52.3 56.5 45.5 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 48 43 54 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 177 444 316 Lock Lock Lock
     Growth % Lock Lock Lock Lock 2,713.9 151.6 -28.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 56.9 62.5 52.2 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 24 58 60 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 152 387 257 Lock Lock Lock
     Growth % Lock Lock Lock Lock 2,296.2 153.7 -33.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock 49.1 54.4 42.3 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 141 322 258 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 42 107 74 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 89 189 164 Lock Lock Lock
     Growth % Lock Lock Lock Lock 2,190.3 111.5 -13.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 28.8 26.6 27.1 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 118 305 183 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 109 55 115 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -109 -111 -188 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 1 -107 -8 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 25 257 81 Lock Lock Lock
     Growth % Lock Lock Lock Lock 112.0 937.4 -68.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.1 0.4 0.1 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 95 185 184 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 531 804 879 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 105 20 1 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 147 -97 -161 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 358 250 138 Lock Lock Lock
Equity $m Lock Lock Lock Lock 165 525 700 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 270 545 702 Lock Lock Lock
     Growth % Lock Lock Lock Lock -15.1 101.8 28.8 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 16.8 23.5 18.7 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 54.1 36.0 23.5 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 41.6 73.2 36.5 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 30.4 46.4 26.4 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 40.1 74.8 29.4 Lock Lock Lock

Ratios Records

Historical data

Forecasted data

AUD 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Leverage
Interest Cover X Lock Lock Lock Lock 6.8 7.6 149.9 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 0.8 -0.2 -0.5 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 89.0 -18.5 -23.1 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 0.8 1.5 3.4 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.5 1.2 2.6 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 56.0 64.6 62.2 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 52.9 154.6 209.5 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 29.8 25.5 15.8 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 5.7 5.6 5.2 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock N/A 8.0 2.9 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 7.9 3.0 3.9 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.6 0.9 0.7 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.6 0.9 0.7 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 45.6 45.2 42.5 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 26.6 40.0 29.3 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 30.0 33.3 28.7 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 16.8 23.5 18.7 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 3.2 1.5 1.3 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 54.1 36.0 23.5 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 54.1 36.0 23.5 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 64.1 65.4 70.2 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 12.2 14.3 23.1 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 76.4 79.8 93.3 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 29.7 26.5 24.4 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 46.7 53.2 68.9 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

.0%

Franking Level

N/A

DPSg

0.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

1.64%

Value ($M)

14

Prior Change

N/A

7 Day Change

-0.10%

1 Month Change

0.10%

3 Month Change

0.30%

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WAF Shortsell

Frequently Asked Questions

The current share price of West African Resources Ltd (WAF:ASX) is AU$0.93.
The 52-week high share price for West African Resources Ltd (WAF:ASX) is AU$1.33.
The 52-week low share price for West African Resources Ltd (WAF:ASX)? is AU$0.66.
The current TTM dividend payout for West African Resources Ltd (WAF:ASX) is 0.00.
West African Resources Ltd (WAF:ASX) does not pay a dividend.
West African Resources Ltd (WAF:ASX) has a franking level of 0%.
West African Resources Ltd (WAF:ASX) is classified in the Mining.
The current P/E ratio for West African Resources Ltd (WAF:ASX) is 6.70.
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HALO Technologies Pty Ltd ABN 54 623 830 866 is a Corporate Authorised Representative No 1261916 of Macrovue Pty Ltd ABN 98 600 022 679 AFSL 484264. Macrovue Pty Ltd is a wholly owned subsidiary of HALO Technologies Pty Ltd.